Societe Generale Silver Tin (000426.SZ) subsidiary plans to subscribe for 20% shares in Australian listed company TAT

According to Zhitong Finance App, Societe Generale Gold (000426.SZ) announced that the company signed an “Share Subscription Agreement” on July 16, 2026 through its wholly-owned subsidiary Societe Generale Gold (Hong Kong) Mining Limited (“Societe Generale Gold (Hong Kong)”) and Australian listed company Tartana Minerals Limited (ASX code: TAT). Societe Generale Gold (Hong Kong) plans to subscribe for targeted additional shares issued by TAT on the Australian Stock Exchange (ASX) in two batches at a price of 0.053 Australian dollars per share The total amount accounted for 20% of its issued shares on the day the subscription was completed (rounded down to the nearest integer share), and the total transaction amount was approximately A$5.182,700. After the transaction is completed, Societe Generale Gold (Hong Kong) will become TAT's largest shareholder.

According to reports, TAT is an exploration company listed on the Australian Stock Exchange. The core layout consists of superior minerals such as silver, copper, zinc, and gold. It has 8 mining rights and 22 prospecting rights (including applications pending), with a total area of about 2,350 square kilometers. The mineral resources are mainly concentrated in the high-potential mineralization belt of Queensland, Australia, most of which are within more than 100 kilometers west of Cairns.